Francesca’s Holdings Corp (NASDAQ:FRAN) Major Shareholder Cross River Capital Management Purchases 3,250 Shares

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management acquired 3,250 shares of the stock in a transaction dated Wednesday, July 3rd. The stock was acquired at an average cost of $4.88 per share, with a total value of $15,860.00. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Cross River Capital Management also recently made the following trade(s):

  • On Tuesday, June 18th, Cross River Capital Management acquired 5,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.42 per share, with a total value of $2,100.00.
  • On Wednesday, June 12th, Cross River Capital Management acquired 15,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.49 per share, with a total value of $7,350.00.
  • On Monday, June 10th, Cross River Capital Management acquired 15,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.50 per share, with a total value of $7,500.00.
  • On Wednesday, June 5th, Cross River Capital Management acquired 5,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.50 per share, with a total value of $2,500.00.
  • On Monday, June 3rd, Cross River Capital Management acquired 15,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.49 per share, with a total value of $7,350.00.
  • On Wednesday, May 29th, Cross River Capital Management acquired 20,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.50 per share, with a total value of $10,000.00.
  • On Friday, May 24th, Cross River Capital Management acquired 25,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.52 per share, with a total value of $13,000.00.
  • On Wednesday, May 22nd, Cross River Capital Management purchased 175,000 shares of Francesca’s stock. The stock was purchased at an average price of $0.54 per share, with a total value of $94,500.00.
  • On Monday, May 20th, Cross River Capital Management purchased 78,000 shares of Francesca’s stock. The stock was purchased at an average price of $0.56 per share, with a total value of $43,680.00.
  • On Thursday, May 16th, Cross River Capital Management purchased 20,000 shares of Francesca’s stock. The stock was purchased at an average price of $0.55 per share, with a total value of $11,000.00.

Shares of Francesca’s stock opened at $4.11 on Friday. Francesca’s Holdings Corp has a 52-week low of $4.01 and a 52-week high of $99.24. The business has a 50 day moving average price of $1.41. The company has a quick ratio of 0.43, a current ratio of 0.82 and a debt-to-equity ratio of 3.69.

Francesca’s (NASDAQ:FRAN) last issued its quarterly earnings results on Friday, May 3rd. The specialty retailer reported ($0.12) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.20) by $1.08. Francesca’s had a negative net margin of 11.38% and a negative return on equity of 14.30%. The company had revenue of $119.31 million during the quarter.

Separately, ValuEngine downgraded shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Monday, May 13th. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Francesca’s has an average rating of “Hold” and an average target price of $24.00.

A number of institutional investors have recently modified their holdings of FRAN. Apis Capital Advisors LLC acquired a new stake in Francesca’s in the first quarter valued at approximately $119,000. Shah Capital Management purchased a new position in shares of Francesca’s during the 1st quarter valued at approximately $988,000. Hanson & Doremus Investment Management boosted its stake in shares of Francesca’s by 700.7% during the 1st quarter. Hanson & Doremus Investment Management now owns 39,557 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 34,617 shares during the last quarter. Hodges Capital Management Inc. boosted its stake in shares of Francesca’s by 20.0% during the 1st quarter. Hodges Capital Management Inc. now owns 300,000 shares of the specialty retailer’s stock valued at $203,000 after buying an additional 50,000 shares during the last quarter. Finally, Deutsche Bank AG boosted its stake in shares of Francesca’s by 1,561.8% during the 4th quarter. Deutsche Bank AG now owns 1,175,093 shares of the specialty retailer’s stock valued at $1,139,000 after buying an additional 1,104,383 shares during the last quarter. Institutional investors own 67.35% of the company’s stock.

About Francesca’s

Francesca's Holdings Corporation, through its subsidiaries, operates a chain of boutiques. The company offers fashion apparel, jewelry, accessories, and gifts for women between the ages of 18 and 35. Its apparel products include dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry comprise necklaces, earrings, bracelets, and rings.

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Insider Buying and Selling by Quarter for Francesca`s (NASDAQ:FRAN)

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